The sentiment indicator has proven to be a fairly reliable indicator for EOS/BTC. By marking points in time shortly after the indicator changed color, the green date ranges indicating correct buy signals, red showing correct sell signals, yellow indicating a bad call, and blue indicating what we don't know yet. It has definitely been right more than wrong. This is currently indicating a buy signal.
The 5100 Sat level has shown to be a very strong resistance and support level. It appears we will hit this at approximately the same time we contact the 200 EMA and will likely have at least one rejection before breaking through, if we do. 5100 Sats would make for a 37% gain.
I am not a professional. This is for educational purposes only and is not advise to buy or sell.
The 5100 Sat level has shown to be a very strong resistance and support level. It appears we will hit this at approximately the same time we contact the 200 EMA and will likely have at least one rejection before breaking through, if we do. 5100 Sats would make for a 37% gain.
I am not a professional. This is for educational purposes only and is not advise to buy or sell.